The Ukraine war is coming to Wall Street as a new earnings season gets underway and more companies write down their Russia investments. Which should prompt a question for CEOs and shareholders: What about China?
The financial losses from sanctions and broader public pressure to leave Russia are mounting. JPMorgan , Goldman Sachs and Citigroup combined have set aside $3.36 billion as reserves against credit losses, according to a tally by Reuters, much of that related to concerns over Russia.
